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Jan 25, 2013
01/13
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the president stood up for tax fairness, and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america, no matter how much that pains republicans to hear. they're out of step and out of the mainstream. >> is it a deliberate effort -- here is conservative rich lowry from "the national review." he writes in politico that the real president obama is now revealing himself. by the way, i'm with that thought. i think it was the real obama, not covered up politics, the real thing on monday. he wrote, obama settled once and for all the debate over his place on the political spectrum and his political designs. he's an unabashed liberal determined to shift our politics and
the president stood up for tax fairness, and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america,...
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Jan 24, 2013
01/13
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the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the path. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
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Jan 22, 2013
01/13
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coming in at number three on the list was preventing middle class tax hikes while raising taxes on the highest levels of income. that was the third greatest accomplishment of the president's first term, according to the latest nbc poll. number two, killing bin laden. killing osama bin laden is what president obama himself refers to as the single most important day of his presidency. for americans at large, that was number two. what ranked higher than that? what does americans think was the single best accomplishment of his first term, even better than killing bin laden? it was ending the war in iraq. president obama campaigned on ending the war in iraq in 2008. he was against that war right from the very start, and in december 2011, after eight and a half years of war, the president, as he promised, did bring the iraq war to a close. when president obama took the office -- took the oath of office four years ago, there were 144,000 u.s. troops in iraq. today it is about 200. that right there is what americans consider about the the single greatest accomplishment of his first term. headi
coming in at number three on the list was preventing middle class tax hikes while raising taxes on the highest levels of income. that was the third greatest accomplishment of the president's first term, according to the latest nbc poll. number two, killing bin laden. killing osama bin laden is what president obama himself refers to as the single most important day of his presidency. for americans at large, that was number two. what ranked higher than that? what does americans think was the...
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Jan 24, 2013
01/13
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with tax policy with the irs, business and labor, so it really -- health care is a front door to a really brood array of very important social issues all of which interest me. >> jennifer: obviously you have a great reputation in the health care community. people have enormous respect for you, but your health care experience is only sort of one aspect of being a governor of a state. give me one other thing that you are passionate about that you would want people to know about you as you consider this run for governor of massachusetts. >> i'm passionate about a lot of things. i'll pick education and children. i think creating a proper future for our children which means a proper presence for families and i want to help build the future and improvement, doing it together, with a lot of options of what is achievable i think we can really break through to a completely new performance. and that's what i aim to achieve. >> jennifer: dr. donald berwick it's a pleasure to have you inside "the war room." we certainly will be following this challenge, and i wish you the best of luck. >> thanks gove
with tax policy with the irs, business and labor, so it really -- health care is a front door to a really brood array of very important social issues all of which interest me. >> jennifer: obviously you have a great reputation in the health care community. people have enormous respect for you, but your health care experience is only sort of one aspect of being a governor of a state. give me one other thing that you are passionate about that you would want people to know about you as you...
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Jan 29, 2013
01/13
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prescription for flu. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> we must not be the party that simply protects the well off so they can keep their toys. we've got to be the party that shows all americans how they can thrive. we're the party whose ideas will help the middle class and help more folks join the middle class. we're a populist party, and we need to make that clear to every voter and every american. >> louisiana governor bobby jindal making the case that the repub
prescription for flu. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a...
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Jan 28, 2013
01/13
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the obama administration passed the tax package. on "meet the press" in the spring of 2009, geithner said the government couldn't afford to wait. >> we can leave it as it is, hope banks will earn their way out of this process over time and i am certain that would create the risk of a deeper, longer recession. again, the classic lesson in financial crises is governments wait to act, they wait too late and that means more damage to the economy, higher deficit in the future, greater cost for the taxpayer. we're not prepared to take that approach. >> it seemed like each time one crisis subsided, another cropped up, a faltering housing market, the european debt market. according to the numbers, the results have been mixed. the economy was losing an average of 651,000 jobs in the three months before geithner was sworn in. in the last three months in his, the economy added an average of 150,000 jobs. the dow has gone from 8,000 has gone now to almost 14,000. the number of unemployed has gone from 11.6 million to 12.2 million. geithner told
the obama administration passed the tax package. on "meet the press" in the spring of 2009, geithner said the government couldn't afford to wait. >> we can leave it as it is, hope banks will earn their way out of this process over time and i am certain that would create the risk of a deeper, longer recession. again, the classic lesson in financial crises is governments wait to act, they wait too late and that means more damage to the economy, higher deficit in the future,...
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Jan 25, 2013
01/13
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. >> bret: the people in charm of taking your tax dollars and sending them overseas may not have been playing by the rules. tonight, catherine herridge with startling allegation of corruption and coverup at the top federal agency. >> at the heart of the investigation, according to documents obtained by fox news, allegations of contract at the senior level of u.s. a.i.d. the government agency that distributes foreign aid. the larger issue is whether the allegation surrounding the $150,000 contract speak to a largeer culture of corruption. >> we have to root out waste, fraud and abuse. you have to have integrity in the process. this doesn't look right or smell right. they fixed a constructer the candid tate that best med the requirement was the outgoing financial officer. in a statement to fox, he said the client did not violate a law. adding that justice department reviewed the matter and declineed to initiate a criminal investigation. justice department spokesperson said they cannot confirm or deny existence of any investigation. >> others said how they have the example for clean gove
. >> bret: the people in charm of taking your tax dollars and sending them overseas may not have been playing by the rules. tonight, catherine herridge with startling allegation of corruption and coverup at the top federal agency. >> at the heart of the investigation, according to documents obtained by fox news, allegations of contract at the senior level of u.s. a.i.d. the government agency that distributes foreign aid. the larger issue is whether the allegation surrounding the...
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Jan 29, 2013
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a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal immigration system in to the 21st century because it no longer reflects the realities of our time. for example, if you're a citizen, you shouldn't have to wait years before your family is able to join you in america. you shouldn't have to wait years. if you're a foreign student who wants to pursue a career in science or technology, or a foreign entrepreneur who wants to start a business with a backing of american investors, we should help you do that here because if you succeed you'll create american businesses and american jobs. you'll help us grow our economy. you'll help us strengthen our middle cla
a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal...
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Jan 23, 2013
01/13
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tax. it's that california's government is really ridiculously inefficient. it's one of the worst state governments in the country. so if those tax dollars were buying a great efficient terrific public sector, that would be one thing. but instead, it's paying for mediocrity yet they keep asking for more and more. >> that brings me to a point. when phil mickelson was asked would you leave california or the united states because of taxes, he said i'm not sure. but you know what, when taxes get to a certain point, people start to make those decisions and it's easy to point and say you're not patriotic. maybe part of the problem is with the taxes. >> first of all, he's the gerard depardieux because he decided to leave france and go to russia. i was going to talk about notorious b.i.g. song, "mo money, mo problems." look, this is california. governor ann richards when she was governor and i was covering politics there, she would go to california to recruit companies to move to texas because of w
tax. it's that california's government is really ridiculously inefficient. it's one of the worst state governments in the country. so if those tax dollars were buying a great efficient terrific public sector, that would be one thing. but instead, it's paying for mediocrity yet they keep asking for more and more. >> that brings me to a point. when phil mickelson was asked would you leave california or the united states because of taxes, he said i'm not sure. but you know what, when taxes...
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Jan 25, 2013
01/13
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tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public does not want to see materially reduced. you may want to, but the polls say the public does not want to see them materially reduced. >> by the way -- >> where is all this money going to come from? >> it's not about what i don't want or want. this is basic arithmetic. the deficit, the debt that is incurred by medicare and medicaid in the out years, it just can't be made up, even in a small part by increasing taxes on the margins anymore. i mean, you could take the tax rate up to 95%, perhaps. >> well, you don't have to go that high. the math h
tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public...
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Jan 28, 2013
01/13
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think the solution that you're telling me you're going to do in your next term is you're going to raise taxes on the wealthy, i'm more than willing to pay that. i'm supportive of that. but that will raise $80 billion. even less now because they cut it from 250 as the cutoff. that will run the country for eight days. $10.4 billion a day. that's not even going to scratch the $1.1 trillion. what else are we going to do? he said i think what will happen is the republicans will have a kick-around and we'll start working together. i said as long as there's demonization, there's no chance of coming up with an intelligent compromise. an adviser for the president said i think that's enough. he said no, he said tony has given us creative tension and he pulled me aside and said, come to the white house and we'll talk about this. we have to have a unifying message. we're missing that right now. >> as you say, something's changed in america. now there are many rivals for that position. that will increase over the next few decades. america has to respond. it can't respond perhaps in the way it would have d
think the solution that you're telling me you're going to do in your next term is you're going to raise taxes on the wealthy, i'm more than willing to pay that. i'm supportive of that. but that will raise $80 billion. even less now because they cut it from 250 as the cutoff. that will run the country for eight days. $10.4 billion a day. that's not even going to scratch the $1.1 trillion. what else are we going to do? he said i think what will happen is the republicans will have a kick-around...
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Jan 21, 2013
01/13
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to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president obama has been slow to the table in part because he doesn't see republicans as a worthy partner for the steps that have a strong political fallout. people will punish you for people cutting the entitlement programs people punish you at the polls rhetorically. one of steve's great heros congressman ryan of wisconsin took some of that risk and saw the kind of pounding that you take for saying, yes, i would make strong cuts when it comes to something like medicare. i think president obama has been reluctant to join in that junk without knowing that in fact speaker
to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president obama has been...
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Jan 28, 2013
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this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going to hurt economic growth. you'll never catch up. you'll shut down the economy and you won't get the budget down. >> when you were campaigning in virginia, a state you wanted to carry but didn't, you said, look, these sequestration cuts, these automatic spending cuts that are put in place because republicans and democrats can't agree, so you have to have this sword that comes down, you said we're not going to let those happen. those will not happen, those automatic spending cuts. well, now we have a new deadline coming up in a couple of months that says there's going to be more automatic spending cuts, the same ones that were in place before. >> that's right. >> are you going to let those happen? >> if mitt romney and i won the election, they would not have happened because we would have gone and worked
this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going to hurt economic growth. you'll never catch up. you'll shut down the economy and you won't get the budget down. >> when you were campaigning in virginia, a state you wanted to carry but didn't, you said, look, these sequestration...
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Jan 28, 2013
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when we tax our job creators more than our foreign competitors tax theirs, they win. we lose. >> he's not really for that. >> he says so, but he has yet to put out a vision or agreement to make good on these promises. we hear the rhetoric but never see the results. and more importantly, businesses know we have to close this deficit. businesses know we can't keep spending money we just don't have. businesses budget. washington hasn't had a budget for four years. the president and his party have been in charge of washington during this time. they have not budgeted for four years. and businesses know that you can't operate an enterprise, let alone the federal government, without budgeting. >> let me have you respond to this other argument about entitlements, about the role of government. and the president really launched it as part of his inaugural address when he said this. >> we recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss or a sudden illness or a home swept away in a terrible storm. the commitments we make
when we tax our job creators more than our foreign competitors tax theirs, they win. we lose. >> he's not really for that. >> he says so, but he has yet to put out a vision or agreement to make good on these promises. we hear the rhetoric but never see the results. and more importantly, businesses know we have to close this deficit. businesses know we can't keep spending money we just don't have. businesses budget. washington hasn't had a budget for four years. the president and his...
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Jan 27, 2013
01/13
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why is the state spending in thes of tax pay payer dollars o project? >> your taxpayer dollars are may be going by on a vermont train that hardly anybody uses. drew griffin takes a closer look at the new rail line and tries to figure out why so many train seats are empty. >> it was a $50 million federal grant, tax dollars bringing high speed rail to vermont, taking new yorkers up to the countryside, listen and watch as the trains and your tax dollars go by. it's not that vermont has done anything wrong with the money, in fact, they did a pretty good job, they came in on time, on budget. they even got the local freight company to kick in another $18 million to improve the rails here. but the real problem is hardly anybody is riding the rails in vermont. i could stand here almost all day long, not ever worry about getting hit by a train. you can jog on the tracks, go to lunch without looking. >> ever worry about getting hit by a train? >> no. >> it's now 3:00, still no train. 4:00. the sun would set before we would see our first train. >> 8:44 and here it
why is the state spending in thes of tax pay payer dollars o project? >> your taxpayer dollars are may be going by on a vermont train that hardly anybody uses. drew griffin takes a closer look at the new rail line and tries to figure out why so many train seats are empty. >> it was a $50 million federal grant, tax dollars bringing high speed rail to vermont, taking new yorkers up to the countryside, listen and watch as the trains and your tax dollars go by. it's not that vermont has...
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Jan 24, 2013
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criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. so will bounty select-a-size. it's the smaller powerful sheet. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less, with bounty select-a-size. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adj
criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you...
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Jan 26, 2013
01/13
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billions of your tax dollars are at the heart of it. tax dollars that were given away as part of the obama administration's stimulus plan, money that the government promised would transform our rail system. it was a very ambitious plan, no doubt about it, when it was first announced. the president, vice president, ray lahood, all of the white house announcing a $13 billion plan to bring high-speed rail to america. listen. >> imagine whisking through towns at speeds over 100 miles an hour. walking only a few steps to public transportation. and ending up just blocks from your destination. imagine what a great project that would be to rebuild america. >> that was the idea. sounded great. bullet trains literally whisking passengers between american cities. the president outlining his plan to make it all happen. well, $8 billion in stimulus money to start and $1 billion a year thereafter to match local projects. keeping them honest now. it is now three years later and we can't find any high-speed rail that's actually been built. certainly no
billions of your tax dollars are at the heart of it. tax dollars that were given away as part of the obama administration's stimulus plan, money that the government promised would transform our rail system. it was a very ambitious plan, no doubt about it, when it was first announced. the president, vice president, ray lahood, all of the white house announcing a $13 billion plan to bring high-speed rail to america. listen. >> imagine whisking through towns at speeds over 100 miles an hour....
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Jan 26, 2013
01/13
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think the solution that you're telling me you're going to do in your next term is you're going to raise taxes on the wealthy, i'm more than willing to pay that. i'm supportive of that. but that will raise $80 billion. even less now because they cut it from 250 as the cutoff. that will run the country for eight days. $10.4 billion a day. that's not even going to scratch the $1.1 50 years ago. >> the president has his hands full, to be fair. he talked about the worst day of his presidency with sandy hook. but you're right, there needs to be unifying vision. someone is saying, kennedy, we're going to go to space, or have this war on poverty. right now our goals are to pay our bills. it's hard to get people to find a way to power themselves when what they're aspiring to is depressing. that's not just the president's fault, it's true, the leadership of our country has to say, here's where we're going to go. we can pay our bills and we're going to be okay. to be fair to the president, i think when you see tears in his eyes, it's about the issue of there being a future for young people for the next
think the solution that you're telling me you're going to do in your next term is you're going to raise taxes on the wealthy, i'm more than willing to pay that. i'm supportive of that. but that will raise $80 billion. even less now because they cut it from 250 as the cutoff. that will run the country for eight days. $10.4 billion a day. that's not even going to scratch the $1.1 50 years ago. >> the president has his hands full, to be fair. he talked about the worst day of his presidency...
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Jan 27, 2013
01/13
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when you think about reform, welfare reform, tax reform, it happened at the state level and local level. while we need to change the climate here in washington. at the same time, i can look around this table and say you won, first governor ever to win a recalled bid, a recalled call. and you are in a very conservative state, in a conservative spot. you are in a conservative state, so you all were kind of fine, and you still lost, republicans lost wisconsin, republicans lost virginia and republicans lost the latino vote. so there is a huge disconnect here, not just for you, but for voters. >> i would like the rest of the panel to say this as well. even in wisconsin, just like every democrat has since 1984, the same year i not only won a recall election by a higher percentage two years ago, we took the state senate back, you see that now about half the states in america have republican majorities, more than half have republican government no, sir. local leaders in our states and local governments, they're being relevant, they're being hospital mystic, they're being a courageous. >> why we
when you think about reform, welfare reform, tax reform, it happened at the state level and local level. while we need to change the climate here in washington. at the same time, i can look around this table and say you won, first governor ever to win a recalled bid, a recalled call. and you are in a very conservative state, in a conservative spot. you are in a conservative state, so you all were kind of fine, and you still lost, republicans lost wisconsin, republicans lost virginia and...